‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
- Last month, the Federal Reserve Bank of Chicago estimates the unemployment rate ticked up to 4.4%, and the government shutdown delayed the October jobs report scheduled for release Friday.
- Amid uncertainty over interest rates and tariffs, companies have pulled openings while a sharp drop in immigration and stepped-up deportations has reduced the worker supply, economists say.
- Private-Sector measures diverge: Revelio Labs estimated 9,000 jobs lost, Challenger, Gray & Christmas reported a 7.5% surge in cuts, while ADP added 42,000 jobs in October from 26 million workers dataset.
- Weak hiring has lengthened unemployment spells, with over one-quarter of unemployed workers out of work more than six months, while research from the Federal Reserve Bank of Minneapolis finds many have stopped looking and are not counted.
- Diane Swonk calls it a 'jobless boom' and notes that gains in AI leave the economy looking better than it feels, with younger Americans and older workers struggling amid slow hiring.
55 Articles
55 Articles
'Low hire, low fire' market puts unemployed in limbo
WASHINGTON — When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. After all, the 32-year old project manager had…
Not Hiring: Job Market Leaves Unemployed in Limbo as Economy Threats Multiply
Not Hiring: Job Market Leaves Unemployed in Limbo as Economy Threats Multiply (Maria) The author writes, “When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. The 32-year old project manager had never been unemployed for longer than three months. Instead, after 700 applications, she’s still looking, wrapped up in a frustrating and extended job hunt. … …
The ‘low-hire, low-fire’ job market is leaving unemployed Americans in limbo
When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. After all, the 32-year old project manager had never been unemployed for longer than three months.Instead, after 700 applications, she’s still looking, wrapped up in a frustrating and extended job hunt that is much more difficult than when she last looked for work just a couple of years ago. With unc…
‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
By CHRISTOPHER RUGABER, Associated Press Economics Writer WASHINGTON (AP) — When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. After all, the 32-year old project manager had never been unemployed for longer than three months. Related Articles Fannie Mae eliminating minimum 620 credit score eligibility requirement Zucker…
'No hire' job market leaves unemployed in limbo as threats to economy multiply
The unemployment rate is low and the economy is still growing, but those out of work face the slowest pace of hiring in more than a decade.
Duisburg, 07.11.2025 Hello, it is certainly right if lazy people can work and refuse to do so, will be punished with money deduction. However, this does not include the sick, single parents, the elderly. And it is time for the government to go through hard once. Because these lazy people lie on the community's pocket. And the working population pays the colliery. That must finally stop. That's why there is no wealth left. A homeowner pays almost…
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